Raoul Pal: BITCOIN IS ABOUT TO EAT THE WORLD - The Economy Is Worse Than Expected

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Raoul Pal: BITCOIN IS ABOUT TO EAT THE WORLD - The Economy Is Worse Than Expected

"This is a once in a lifetime bet and kind of when you look at charts, you see gold breaking down versus Bitcoin and stuff like that. Bitcoin to me is this pristine collateral, but I see the amount of intellectual capital that’s going into the ethereum space, so there's a chance that something really big comes out of this. Gold is the purest form of money that we've had, and it's a 10 trillion dollar asset. The currency markets trade 4 trillion a day and they're not, they're not in any way the same shape or form, but it's a bigger platform because more people use it so the currency market overall is worth more." - Raoul Pal

00:11 - The markets kept hope while the underlying economy
00:54 - We missed the entire stimulus in the US economy
01:41 - Nobody knows how the banking system is going to work
02:39 - Deflation is persistent, the economy is worse than expected
03:45 - Gold, Bitcoin, those are my main bets
04:27 - Looking at the comparisons of Bitcoin versus all other assets
05:30 - Almost everybody I know has a personal allocation to Bitcoin
06:47 - I think gold goes up, but Bitcoin is going up a lot more
07:49 - I also don't think of Bitcoin and ethereum as the same thing
08:51 - Gold is the purest form of money that we've had
09:47 - I don't care where the Bitcoin wins

???? Inspired by: ????
Hedge Fund Millionaire Invests All His Money in Bitcoin | Raoul Pal
Institutional money to propel Bitcoin to over $250K in one year? | Interview with Raoul Pal
Raoul Pal: ‘You’ll make huge amount of money’ from emerging markets
Raoul Pal sold his gold because 'bitcoin is eating the world' $300k price
The Real Vision Crypto Story: Understand the Future of Everything

????Check out also:
https://youtu.be/Ko1JC6xukS0 - Raoul Pal: BITCOIN IS IMPOSSIBLE TO STOP - Everything Breaks Down Against BTC And CRYPTO
https://youtu.be/5OELyQk3aag - Jim Rickards: STOCK MARKET And GOLD Are Freeze - Entire Global Financial System Is Shut Down
https://youtu.be/M_usT9VJrqI - Jim Rickards: THERE ARE SO MUCH PAIN - The Economy Is In Very Bad Shape
https://youtu.be/ggY8DR1WSE8 - Jim Rogers: THIS IS NOT NORMAL! – Be Boring On The Stock Market And Avoid Stock Market Crash
https://youtu.be/XFdOU48ok7c - Robert Kiyosaki: “DON’T DISCLOSE IN PUBLIC!” - Economic Crisis vs. Financial Education

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????Special thanks to Raoul Pal
????Anthony Pompliano - https://tinyurl.com/ybd6h7zg

#raoulpal #bitcoin #crypto #bitcoinnews #cryptonews #raoulpalgold #btc #cryptocurrency #economy #gold #cashflow

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